Enterprise Financial (EFSC) Director Issued 1,032 Shares Under Stock Plan
Rhea-AI Filing Summary
Lyne Andrich, a director of Enterprise Financial Services Corp (EFSC), reported an acquisition of 1,032 shares of EFSC common stock on 08/22/2025. The shares were issued under the company's Non-Management Director Stock Plan at a reported price of $0, and the filing reports 6,384 shares beneficially owned following the transaction. The Form 4 was signed on 08/26/2025 and identifies the filing as by one reporting person.
Positive
- Director received 1,032 shares under the Non-Management Director Stock Plan, showing increased insider ownership
- Form 4 filed and signed, disclosing the transaction and meeting Section 16 reporting obligations
Negative
- None.
Insights
TL;DR: Routine director issuance increases insider ownership modestly; non-cash grant under director plan.
The report documents a non-cash issuance of 1,032 common shares to a company director under the Non-Management Director Stock Plan, increasing reported beneficial ownership to 6,384 shares. This is a standard equity compensation mechanism for board members and does not disclose cash consideration. The transaction date is 08/22/2025 and the Form 4 was signed 08/26/2025.
TL;DR: Typical director compensation disclosure; aligns director incentives via equity awards.
The filing shows a director-level issuance under the established stock plan rather than an open-market purchase or sale. It specifies the issuance was recorded at a $0 price in the filing and cites the Non-Management Director Stock Plan in the explanation. The disclosure meets Section 16 reporting requirements for a single reporting person.
FAQ
Who filed the Form 4 for EFSC?
What transaction was reported for EFSC on 08/22/2025?
What was the reported price for the shares in the EFSC Form 4?
How many EFSC shares does the reporting person beneficially own after the transaction?
Was this Form 4 filed individually or jointly?